2/29 Rice StreetPort Sorell TAS 7307
Property Details for 2/29 Rice St, Port Sorell
Last Listing description (May 2019)
Located in a prime central position in the popular coastal holiday destination of Port Sorell is this rare commercial property of 743 square metres. With fully council approved plans for 2 holiday villas included, this is an exceptional opportunity to invest in this beautiful and fast growing community.
With stunning sandy beaches, golf courses and Ghost Rock vineyard close by and the Devonport Airport and Spirit of Tasmania terminal just 15 minutes away, this picturesque part of the North West Coast is receiving more and more visitors each year.
Ever increasing demand for holiday accommodation in the local area and limited commercial land available make this property a sound investment for those looking for a secure long term financial return.
Central location
Approved holiday villa plans included
Property History for 2/29 Rice St, Port Sorell, TAS 7307
- 29 Oct 2015Listed for Sale $115,000
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About Port Sorell 7307
The size of Port Sorell is approximately 9.8 square kilometres. There are 8 parks, covering nearly 5.9% of the total area. The population of Port Sorell in 2016 was 2022 people. By 2021 the population was 2221 showing a population growth of 9.8% in the area during that time. The predominant age group in Port Sorell is 60-69 years. Households in Port Sorell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Sorell work in a trades occupation.In 2021, 77.80% of the homes in Port Sorell were owner-occupied compared with 74.60% in 2016.
Port Sorell has 1,318 properties. Over the last 5 years, Houses in Port Sorell have seen a 50.82% increase in median value, while Units have seen a 55.68% increase. As at 30 June 2026:
- The median value for Houses in Port Sorell is $795,349 while the median value for Units is $523,349.
- Houses have a median rent of $600 while Units have a median rent of $370.
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